Active
22 beds22 baths11,424 sqft
729 Raleigh St, Glendale, CA 91205
Est: $22,636/moGet pre-approved
Multi FamilyProperty Type
0.25 acresLot Size
1964Year Built
$350/sq ftPrice per sq ft
12 carsParking Spaces

Description

Located in the highly desirable city of Glendale, 729 Raleigh St presents an exceptional multifamily investment opportunity in one of Los Angeles County's most stable and high-demand rental markets. This pride-of-ownership property has been well maintained and offers a strong in-place unit mix, making it an ideal asset for investors seeking both stability and long-term growth potential. The property features a desirable unit mix of 12 units & One (1) Non-Conforming Unit, 13 Total Units, consisting...Located in the highly desirable city of Glendale, 729 Raleigh St presents an exceptional multifamily investment opportunity in one of Los Angeles County's most stable and high-demand rental markets. This pride-of-ownership property has been well maintained and offers a strong in-place unit mix, making it an ideal asset for investors seeking both stability and long-term growth potential. The property features a desirable unit mix of 12 units & One (1) Non-Conforming Unit, 13 Total Units, consisting of 2 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 10 two-bedroom/two-bath units. The large concentration of two-bedroom units is highly attractive to families, professionals, and roommates, contributing to strong occupancy and consistent rental demand. The building is individually metered for gas and electric, helping to reduce owner expenses and improve overall operating efficiency. Tenants benefit from on-site parking with storage and on-site laundry facilities, amenities that significantly enhance rental appeal and tenant retention. The property's pride-of-ownership condition and functional layout make it a desirable place to live, contributing to long-term tenancy and stable income. The location offers excellent access to nearby retail, dining, and entertainment, including the Glendale Galleria and The Americana at Brand, both just minutes away. Residents also enjoy convenient access to public transportation, including the nearby Glendale Transportation Center, providing regional connectivity throughout Los Angeles County. Additionally, the property is centrally located with short distance access to the State Route 134, State Route 2, and Interstate 5, allowing convenient travel to surrounding employment centers including Burbank, Pasadena, Downtown Los Angeles, and the greater San Fernando Valley. With its prime Glendale location, strong unit mix, pride-of-ownership condition, and proximity to major retail, transit, and freeway access, 729 Raleigh St represents a compelling investment opportunity in a supply-constrained rental market with long-term appreciation potential. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
168 days on Market
  • Listed by: Michael Pesci DRE #01274379 Brokerage DRE #01208019 • Keller Williams Studio City
  • Listed by: James Antonucci DRE #01822661 • Keller Williams Realty-Studio City
Last updated: 05/04/2026 12:16 PM • Source: CLAW, MLS#: 26671833

Location

Listing Courtesy of Keller Williams Studio City, Michael Pesci, DRE #01274379; Keller Williams Realty-Studio City, James Antonucci, DRE #01822661
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$22,636 per month

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Principal and Interest

$20,665

Property Taxes

$1,971

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Property Information for 729 Raleigh Street

Property Details
  • MLS Type: Residential Income
  • Zoning: GLR4YY
  • Parcel Number: 5675013018
  • Total Units: 13.0
  • Living Area: 11424
  • Source Living Area: Other
  • Area: Glendale-South of 134 Fwy (628)
  • Vacancy Rate: 0
  • Lot Size Area: 10775
  • Source Lot Size Area: Assessor
  • Assessor Parcel Number: 5675-013-018
  • Directions: South Of E Maple St & East Of Granada St
Building Information
  • Stories: 2
  • Year Built: 1964
  • Lot Size: 0.25 AC / 10,775 SF
Community / Development
Community / Development
  • Number Of Units: 13
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 1s & 2s
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $360,351
  • Net Operating Income: $250,718.00
  • Gross Income: $371,496
  • Cap Rate: 6.27%
  • Gross Rent Multiplier: $10.76
  • Actual Annual Gross Rent: $373,596.00
  • Total Annual Expense: 109633
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2474
  • Lot Size Square Feet: 10775
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 12
  • Covered Parking: 14
  • Parking Features: Covered
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-08-2026
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,797.00
  • Unit Actual Rent: $3,593.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,495.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,487.00
  • Unit Actual Rent: $24,870.00
  • Unit Projected Rent: $25,000.00
  • Like Units: 10
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $781,978.00
  • Assessed Improvement Percent: 37.93
  • Assessed Land Value: $1,279,608.00
  • Assessed Land Percent: 62.07
  • Assessed Total Value: $2,061,586.00

Property History for 729 Raleigh Street

DateEvent & SourcePriceAppreciation
May 4, 2026

Price Change

CRMLS #26671833

$3,999,000
May 4, 2026

Price Change

CLAW #26671833

$3,999,000
Mar 31, 2026

Listed (Active)

CRMLS #26671833

$4,495,000
DateEvent & SourcePrice
05/04/2026

Price Change

CRMLS #26671833

$3,999,000
05/04/2026

Price Change

CLAW #26671833

$3,999,000
03/31/2026

Listed (Active)

CRMLS #26671833

$4,495,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 729 Raleigh Street

Taxable ValueLand$1,305,200Additions$797,617Total$2,102,817
Tax Record2025$23,648 ($1,971 / month)
Home Facts
Baths21Total Finished SqFt11,424 SqFtAbove Grade Finished SqFt11,424 SqFtLot Size10,782 SqFtStyleMulti-Family Dwelling (2-4)Year Built1964Year Renovated1964ZoningGLR4YYCountyLOS ANGELESAPN5675-013-018

Schools near 729 Raleigh Street

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Theodore Roosevelt Middle School
Public6 to 8

Glendale High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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729 Raleigh Street is a multi-family home for sale in Glendale, CA 91205. This property was listed for sale on March 31, 2026 by Keller Williams Studio City, it's currently listed at $3,999,000. It has been on the market for a total of 168 days and was last sold on March 23, 2004. This listing's school district is Glendale Unified School District. Nearby schools include Horace Mann Elementary School, Theodore Roosevelt Middle School and Glendale High School. 729 Raleigh Street is a 22-bed, 22-bath, 11,424 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Studio City, Michael Pesci, DRE #01274379; Keller Williams Realty-Studio City, James Antonucci, DRE #01822661

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.